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Monday, December 5, 2011

CRH PLC (CRH) (TEA) (TEL) (CIEN) (CLF) (CMCSA) Ratings, Price Targets

CRH PLC (CRH), Teavana (TEA), Tyco (TEL), Ciena Corp. (CIEN), Cliffs Natural Resources Inc. (CLF) and Comcast Co. (CMCSA) ratings and price targets.

HSBC (NYSE:HBC) downgraded CRH PLC (CRH) from a “Neutral” rating to an
“Underweight” rating.

Morgan Stanley (NYSE:MS) reiterated its “Equal Weight” on Teavana (TEA).

Goldman Sachs (NYSE:GS) upgraded Tyco (TEL) from a “Neutral” rating to a “Buy” rating. They have a price target of $39.00 on the company.

JPMorgan Chase & Co. (NYSE:JPM) reiterated its “Neutral” rating on Ciena Corp. (CIEN). They have a price target of $14.00 on the company.

Goldman Sachs initiated coverage on Cliffs Natural Resources Inc. (CLF). They placed a “Buy” rating on the company.

Stifel Nicolaus upgraded Comcast Co. (CMCSA) from a “Hold” rating to a “Buy” rating. They have a price target of $32.00 on the company.

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